Semiconductor maker Arm may be worth as much as $60 billion and $70 billion in an IPO that could happen as soon as September. The AI boom couldn’t come at a better time for Softbank, which owns Arm, and has been struggling with its startup investments.
[Bloomberg.com]
Super apps aren’t the only tech obsession that Silicon Valley can’t let go of; I guess the artist formerly known as Facebook still has money to burn on trying to make smart glasses happen. (RIP Google Glass, Project Iris. Thoughts and prayers to Snap Spectacles.)
Lack was a Black cancer patient whose cells were sampled by doctors without her permission. Her cells, called the HeLa line, led to numerous scientific advances, but her family never received compensation. Today is her 103rd birthday.
“There couldn’t have been a more fitting day for her to have justice, for her family to have relief,” her grandson said. “It was a long fight — over 70 years — and Henrietta Lacks gets her day.”
Details of her family’s settlement with Thermo Fisher Scientific weren’t disclosed.
Looks like CoinDesk found buyers:
The investor group is led by Matthew Roszak of Tally Capital, a private investment firm focused on crypto and blockchain-based technologies, and Peter Vessenes of Capital6, a venture-capital firm and family office, people familiar with the matter said.
I’m a big fan of the outlet, obviously, and oh boy will I look into powerful generational hexes if they screw it up.